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Fly News Breaks for September 27, 2019
SNDL
Sep 27, 2019 | 08:35 EDT
Barclays analyst Lauren Lieberman initiated Sundial Growers with an Overweight rating and $7 price target, citing her view that the company can set itself apart from peers given a focus on profitable growth. Sundial is already nearly profitable in its Canadian home market, noted Lieberman, who thinks its acquisition of Bridge Farm should enable the company to ultimately become a low-cost mass-scale producer of CBD products.
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